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Barnes & Noble puts the blame on election
Cost cuts help improve Barnes & Noble’s profitability in the third quarter even as its sales continued to decline. “While we are pleased to have improved our performance due to expense reductions, we did experience sluggish sales, which we believe are directly related to the election cycle,” said Len Riggio, chairman and CEO of Barnes & Noble. "With the election behind us, we hope and expect sales will improve over the holidays." -
Survey: Gen Z is a big influencer
Watch out millennials, there’s a new generational cohort upsetting the retail landscape. Generation Z has become an increasingly important influencer of consumer spending, according to a new study by HRC Retail Advisory, with new shopping behaviors that focus on both malls and online shopping. (The HRC survey describes Gen Z as individuals born between 1999 and 2006).

